BOTM

The Millionaire Next Door;The Surprise Secret Of American Wealth
Authors:Thomas Stanley and William Danko,

For our second episode, we will delve into our second book, ”The Millionaire Next Door” by Thomas Stanley and William Danko. https://bit.ly/3X3lWNo

Synopsis:
This is a groundbreaking study that challenges the common stereotype of millionaires as extravagant spenders. Instead, the book reveals that many of America’s wealthy individuals live in modest homes and lead unassuming lives. These millionaires achieve their financial success through diligent work, disciplined saving, and prudent financial management rather than through high-profile careers or flashy lifestyles. Stanley and Danko provide a detailed analysis of the traits and habits that contribute to their wealth and offer practical advice for anyone aiming to build financial independence by adopting these same principles.

Do you know?
“A significant proportion of 80% of wealthy Americans are self-employed or own their own businesses and millionaires often allocate a substantial portion of their income—sometimes 20% or more—toward savings and investments”

The Millionaire Next Door:
reveals that many wealthy Americans live modestly and prioritize frugality. Instead of high incomes or flashy lifestyles, their wealth comes from disciplined saving and smart financial management. The book offers practical advice on adopting these habits to achieve financial success.

Our first meeting will hold as follows:
September Theme: “Wealth Through Strategic Simplicity.”
BoTM: ”The Millionire Next Door”
Date: Friday 27, September 2024
Time: 2pm CST(Dalals)/8pm WAT

Please endeavor to order your copy and read the book to fully participate in our discussion.